The Dow Jones 30 had a very uneventful Friday, as we continue to tread water above the 20,000 handle. The market looks as if it is going to continue to go
The Dow Jones 30 had a very uneventful Friday, as we continue to tread water above the 20,000 handle. The market looks as if it is going to continue to go higher longer-term, so I think a pullback is nothing more than an opportunity to take advantage of value. Alternately, if we break above the recent high, I’m a buyer there as well. I have no interest whatsoever in selling this market, as it is clearly in an uptrend and of course all US indices right now looks very healthy. I have no long-term target, I just know that were going higher.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.